IBT Staff Reporter

The Swedish government will not inject new capital into loss-making airline SAS and does not aim to be a long-term shareholder in the company, Industry Minister Karl-Petter Thorwaldsson told a news conference on Tuesday.

The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to all-time lows.

The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to record lows.

The European Parliament will vote this week on a raft of EU climate change policies designed to cut Europe's emissions over the next decade, with proposals facing multiple amendments and the outcome uncertain for some of the most ambitious plans.

The European Parliament will vote on Wednesday on a raft of EU climate change policies to cut Europe's emissions over the next decade, with the outcome of the votes still uncertain as lawmakers are split over whether to uphold or weaken the plans.

The pay gap between workers and CEOs at 300 publicly listed U.S.

Death of three sisters spotlights India dowry violence

U.S. Deputy Secretary of State Wendy Sherman said on Tuesday there would be a strong and clear response from the United States, South Korea and the world if North Korea were to conduct a nuclear test.

South Korea and the United States staged a joint air power demonstration on Tuesday during a visit by U.S.

Asia's stock markets edged lower on Tuesday, the yen hit a 20-year low and bond markets wavered as investors nervously awaited U.S.

A surprisingly large rate rise in Australia weighed on shaky Asian stocks on Tuesday and pushed the yen to a fresh 20-year low, making investors even more nervous ahead of U.S.

World shares fell on Tuesday and bond yields remained supported as a surprise 50-basis-point rate increase in Australia raised concern over policy tightening ahead of U.S.

World shares fell on Tuesday and bond yields dipped from recent highs as a surprise 50-basis-point rate increase in Australia raised concern over policy tightening ahead of U.S.

World shares wavered and bond yields slid on Tuesday after a surprise rate hike in Australia unsettled investors, but Target Corp's warning on profit margins also included plans to slash prices, a sign that inflation may be peaking.

World shares rebounded on Tuesday on the notion inflation may be peaking after Target Corp said it would offer deep discounts to clear inventory as consumers change their shopping habits, while Treasury yields fell after a surprise rate hike in Australia.

Ukrainian troops were engaged in fierce street fighting with Russian soldiers in the industrial city of Sievierodonetsk, President Volodymyr Zelenskiy said, in what is a pivotal battle in the Kremlin's attempt to control the eastern Donbas region.

Ukrainian troops were engaged in fierce street fighting with Russian soldiers in the industrial city of Sievierodonetsk, while other towns were under constant shelling, as the Kremlin pushed for control of the eastern Donbas region.

Ukrainian troops were engaged in fierce street fighting with Russian soldiers in the industrial city of Sievierodonetsk, while other towns were under constant shelling, as the Kremlin pushed for control of the eastern Donbas region.

Ukrainian troops battled Russians street-to-street in the ruins of Sievierodonetsk on Tuesday, trying to hold onto gains from a surprise counter-offensive that had reversed momentum in one of the bloodiest land battles of the war.

Ukraine will fight to recover all its territory occupied by Russian forces, President Volodymyr Zelenskiy said on Tuesday, as his troops struggled to hold their ground in bloody street-to-street fighting in the city of Sievierodonetsk.

Swedish government averts political crisis with last-minute deal

The dollar continued its overnight rally into Asian trading hours on Tuesday, hitting fresh two-decade highs versus the yen, as worries about persistent inflation pushed up U.S.

The Australian dollar surged after the country's Reserve Bank hiked interest rates more than expected, while the yen dropped to a fresh two-decade low against the greenback as worries about persistent inflation pushed up U.S.

The dollar rallied for a second day, reaching a fresh two-decade high against the yen, as worries that inflation would prove sticky lifted Treasury yields while also hurting Asian equities, both to the U.S currency's benefit.

The U.S. dollar rose to a two-week high as rising U.S. Treasury yields supported the greenback, pushing the Japanese yen to its lowest level against the dollar in two decades.

The U.S. dollar rose to a two-week high as rising U.S. Treasury yields supported the greenback, pushing the Japanese yen to its lowest level against the dollar in two decades.

Bank of Japan Governor Haruhiko Kuroda faced political heat on Tuesday for a remark a day earlier that households were becoming more accepting of price rises, underscoring public sensitivity to rising living costs.

Japan's central bank chief Haruhiko Kuroda apologised on Tuesday for a remark a day earlier that households were becoming more accepting of price rises after drawing political heat on the issue, underscoring public sensitivity to rising living costs.

Oil prices inched higher on Tuesday on expected demand recovery in China as it relaxed tough COVID curbs and doubts a higher output target by OPEC+ producers would ease tight supply.